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GBP/JPY’s pullback from 205.30 extended lower last week but failed to sustained below 201.24 resistance turned support. Initial bias remains neutral this week first and further rally is mildly in favor. On the upside, above 203.41 resistance will bring retest of 205.30 high. However, sustained break of 201.24 will bring deeper fall to 197.47 support […]

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GBP/JPY Daily Outlook

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27/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3172; (P) 1.3219; (R1) 1.3242; More… USD/CAD’s fall form 1.3897 continues today and intraday bias stays on the downside. Current decline should target 1.3091 support and possibly below. On the upside, above 1.3284 minor resistance will turn intraday bias neutral and bring consolidations. But another fall will remain in favor as long […]
27/11/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.57; (P) 153.53; (R1) 154.07; More… USD/JPY’s corrective fall from 156.74 is extending lower and intraday bias stays on the downside. Deeper fall should be seen to 38.2% retracement of 139.57 to 156.74 at 150.18, but strong support is expected there to bring rebound. On the upside, above 153.23 minor resistance will […]
21/05/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1239; (P) 1.1263; (R1) 1.1307; More… Intraday bias in EUR/USD remains on the upside at this point. Correction from 1.1572 could have completed at 1.1064 already. Further rise should be seen to retest 1.1572 high first. Firm break there will resume larger up trend. Next near term target will be 61.8% projection […]